With the strong economy, welcoming culture, great natural beauty and high quality of life, Canada is a popular destination for foreign visitors. Canada in not only a popular vacation destination it has the strongest economy in the G8. The strong Canadian economy means that Canada is a hot spot for business travelers, foreign workers, new immigrants, and international students.
Also, Canada has an aging population which means that the health care system is overburdened. Canada's health expenses rival the United States as the most expensive in the world.
Also, Canada has an aging population which means that the health care system is overburdened. Canada's health expenses rival the United States as the most expensive in the world.
Sample medical costs in Canada.
Simple doctor visits cost approximately $150 Ambulance approximately $250 Non-critical hospital stay cost around $3,500 per night Air ambulance around $20,000 etc.
Medical expenses can become financially crippling. To ensure personal safety, Medical Insurance is highly recommended for all foreign visitors to Canada.
The good news is that medical insurance is quite affordable. For example, good individual coverage can be purchased for a 40 year old for $3-$5 per day, and an entire family can be covered for under $15 per day.
Canadian insurance companies have developed medical insurance plans for all types of visitors to Canada. weather you are a business traveler, international student, new immigrant, foreign worker, or simply vacationing in Canada, a plan designed to suit your needs is available at an affordable rate.
Business Travelers and Tourists Visiting Canada
Whether you are traveling to Canada for business meetings or vacationing with your family, medical insurance is important to cover the high costs of medical care. Visitor to Canada Emergency medical is available to pay the expenses incurred by sudden and unexpected medical conditions. Coverage is available up to 89 years of age. No medical questions are required but pre-existing medical conditions will likely be excluded from coverage. If you have a pre-existing medical condition please review the medical policy wording closely before purchasing.
Visitors to Canada Emergency Medical Insurance can be purchased at levels of $25,000, $50,000, $100,000, and $150,000. Coverage can be purchased for individuals, couples, or families. Single trip and annual plans are available. If you plan to travel to Canada frequently within a 12 month period then an annual plan will be most suitable.
New Immigrants to Canada
New immigrants to Canada are not eligible for provincial health insurance until they gain landed immigrant or permanent residence status.
Foreign workers in Canada
The Canadian labor shortage has provided ample opportunities for foreign workers to enter Canada on a work visa. Unfortunately, these work visas are normally issued for 6 months minus one day... this is one day before the foreign workers become eligible for Provincial health insurance coverage. This means that private health insurance must be purchased to cover emergency medical costs for the time spent living in Canada on a temporary work visa.
Inpatriate Medical Insurance
Employers can provide medical insurance to foreign workers by purchasing Inpatriate Medical Insurance. Inpatriate Medical Insurance can be purchased for the six month work visa. Inpatriate insurance can be purchased for durations as short as one month for workers who have already arrived in Canada. Coverage can be purchased at levels of $100,000, $500,000, or $1,000,000. Single, Couple, or family coverage is also available. Inpatriate medical Insurance coverage differs from Visitors Emergency Medical Insurance as it provides for non-emergency medical visits.
Visitors to Canada Emergency Medical Insurance
Foreign workers who are not provided coverage by their employers will be required to purchase private medical insurance. Visitors to Canada Emergency Medical Insurance is available for personal coverage for your entire work visa term in Canada. Coverage can be purchased at levels of $25,000, $50,000, $100,000, and $150,000, with the high cost of health care in Canada it is recommended that foreign worker purchase the best coverage amount. Single, Couple, or family coverage is also available.
International Students in Canada
Canada is a world leader in education. Many international student choose Canada for their foreign education destination. Not all international students are eligible for government sponsored health insurance.... and for those who are eligible may have to wait three months before the coverage becomes effective. Also, international students not attending eligible educational institutions will not be covered by the provincial government health insurance plan. Private medical insurance will be required. International students can choose to purchase complete Health and Hospital Insurance or only Emergency Medical Insurance
Health and Hospital Insurance
Provides International Students visiting Canada with complete health coverage. In addition to emergency medical coverage, non-emergency health costs and prescription drugs are also covered up to maximum amounts. Medical coverage of to $1,000,000 is available. Coverage can also be purchased for the students spouse and family while they are residing in Canada.
Emergency Medical Insurance
Similar in coverage as the health and hospital plan but does not cover non-emergency medical and prescription drugs are limited to a 30 day supply. Coverage can also be purchased for the students spouse and family while they are residing in Canada.
Make sure that you are safe and enjoy 'peace of mind' during you stay in Canada by purchasing medical insurance.
It doesn't matter whether one is traveling domestically or internationally, there's always the tendency that something unpleasant can happen along the way. You also can't ignore the possibility of having some big financial debacle along the way. If one takes the time to get travel insurance before embarking on any trip, one is adequately protected in the event of any unfortunate occurrence. Travel insurance can be bought from financial institutions like banks or directly from insurance companies. Get the travel insurance that will be on a per-trip basis to take care of all issues that might arise, such as medical or legal problems along the way, problems with loss of baggage, departure delays, theft, etc.
You can also buy specific travel insurance which cover traveling to high risk countries and engaging in high risks sports like motor racing and scuba driving. The cost that people pay for travel insurance differs a lot. The wise traveler is one that will take the time to search for the best rates for his/her specific travel situation before buying. For a trip to Europe that can last two weeks for you and your spouse, get a travel insurance package that's from seventy to one hundred twenty.
The same rates are applicable when traveling to African countries or such locations. Since there are now many terrorists attack prone countries, investigate if the country you intend to travel to is one of such or not; if yes, then get the travel insurance package that will cover you on such travels. Conclusively, it's a good idea to invest in travel insurance before traveling.
Both Ronald Chan & Mike Strom are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Ronald Chan has sinced written about articles on various topics from Credit Cards, Health Insurance and Single Trip Travel Insurance. Ronald Chan is the editor of Travelinsurancequotes.ca, the best quotation system on the web. Visit. Ronald Chan's top article generates over 12100 views. to your Favourites.
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